Mazagon Dock Shipbuilders Limited (BOM:543237)

Mazagon Dock Shipbuilders Cash Flow Statement

Financials in millions INR. Fiscal year is April - March.

Operating Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	22,752	25,833	24,135	19,370	11,190	6,108
Depreciation & Amortization	1,087	964.6	1,148	825.4	755.8	745.1
Other Amortization	2.1	2.1	4.2	7.4	1.5	1.5
Loss (Gain) From Sale of Assets	-39.7	-20.4	-7.9	-14.8	-9	25.6
Other Operating Activities	-9,727	-9,422	-5,686	-11,901	-6,359	-5,162
Change in Accounts Receivable	2,002	-14,078	7,839	-8,597	77.6	-375.6
Change in Inventory	11,868	20,054	11,763	16,435	3,432	-18,115
Change in Accounts Payable	-139.1	7,422	-9,434	244.4	-18,019	-5,287
Change in Other Net Operating Assets	-40,951	-57,294	-8,741	-9,532	24,086	20,432
Operating Cash Flow	-13,145	-26,539	21,021	6,838	15,156	-1,626
Operating Cash Flow Growth	-	-	207.43%	-54.89%	-	-

Investing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Capital Expenditures	-4,081	-4,765	-8,047	-4,412	-1,408	-411.9
Sale of Property, Plant & Equipment	43.9	24.9	9.2	1,047	13.1	12.7
Investment in Securities	-23,272	6,082	-18,731	24,269	-6,580	-
Other Investing Activities	9,570	10,315	13,779	10,245	6,479	3,663
Investing Cash Flow	-17,740	11,657	-12,990	31,148	-1,497	3,264

Financing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Short-Term Debt Repaid	-	-2,738	-	-	-	-
Long-Term Debt Repaid	-	-0.7	-1.2	-	-	-
Lease Payments	-14.1	-0.7	-1.2	-	-	-
Total Debt Repaid	-2,752	-2,739	-1.2	-	-	-
Net Debt Issued (Repaid)	882.7	-2,739	-1.2	-	-	-
Issuance of Common Stock	1,890	1,890	-	-	-	-
Common Dividends Paid	-7,309	-7,749	-7,120	-4,478	-2,164	-1,801
Other Financing Activities	-1,165	-715	-240.7	-7.5	-15.7	-31
Financing Cash Flow	-5,701	-9,312	-7,362	-4,485	-2,180	-1,832

Net Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Cash Flow	-36,503	-24,194	669.1	33,501	11,480	-194.4

Free Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Free Cash Flow	-17,226	-31,304	12,973	2,426	13,748	-2,038
Free Cash Flow Growth	-	-	434.83%	-82.36%	-	-
Free Cash Flow Margin	-13.47%	-24.07%	11.35%	2.56%	17.56%	-3.55%
Free Cash Flow Per Share	-42.70	-77.60	32.16	6.01	34.08	-5.05
Levered Free Cash Flow	-24,804	-39,996	7,488	1,742	15,903	36,625
Unlevered Free Cash Flow	-24,353	-39,548	7,639	1,797	15,960	36,709
Free Cash Flow After Leases	-17,240	-31,305	12,972	2,426	13,748	-2,038

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash Interest Paid	715	715	240.7	7.5	15.7	31
Cash Income Tax Paid	9,852	9,852	9,425	6,772	3,122	3,025
Change in Working Capital	-27,219	-43,896	1,428	-1,450	9,576	-3,345

Data Source: S&P Global Market Intelligence Last updated: Oct 27, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 29, 2026

Data Sources Report a data error